Saba Capital’s attempt to take control of seven UK investment trusts has stumbled at its first hurdle, as Herald shareholders ...

Katie Potts (pictured) has led Herald Investment Trust since its inception 30 years ago and has been hailed for her backing ...

Shareholders in Herald Investment Trust on Wednesday rejected a campaign by U.S. activist investor Saba Capital to overhaul ...

The board of the Herald Investment Trust has claimed victory over Saba Capital after shareholders rejected the hedge fund's ...

A US hedge fund that declared war on seven British investment trusts has failed to oust the board of one of its targets.

There are still six General Meetings in the coming weeks, with an industry body warning that retail shareholders must use ...

Conventionally, business downplays characteristics that embarrass them. Investment trust discounts are a curious example of an industry doing the opposite ...

Hargreaves Lansdown has seen record shareholder voting activity in meetings requisitioned by US activist hedge fund Saba ...

Saba, founded by Boaz Weinstein (pictured with ex-wife Tali Farhadian), is pushing to oust the boards on seven UK investment ...

Round one in the battle over the future of seven investment trusts has gone to an existing board after shareholders in Herald ...

Boaz Weinstein lost a crucial vote to gain control of Herald Investment Trust, marking the hedge fund manager’s first defeat in an unprecedented weekslong campaign against seven London-listed funds.

NEW YORK, January 22, 2025--(BUSINESS WIRE)--Saba Capital Management, L.P. (together with certain of its affiliates, "Saba" or "we") today issued the following statement regarding the announced ...